Company Overview

Aclara Resources Inc. (OTCQX: ARAAF; TSX: ARA) is a rare earth elements company focused on the development of ionic clay rare earth deposits and the downstream production of heavy rare earth materials used in permanent magnets and clean energy technologies. The company operates primarily in the mining and advanced materials sectors, with an emphasis on sustainable extraction and processing of rare earth elements such as dysprosium and terbium, which are critical for electric vehicles, wind turbines, robotics, and defense applications. Aclara has positioned itself as a vertically integrated supplier seeking to provide a more environmentally sustainable alternative to conventional rare earth mining and refining methods.

The company’s principal assets include the Penco Module project in Chile and the Carina Module project in Brazil, both based on ionic clay deposits. Aclara has emphasized a circular mineral harvesting process intended to reduce water consumption and eliminate tailings dams, which the company identifies as a competitive differentiator within the rare earth supply chain. Originally formed through the separation of rare earth assets from Hochschild Mining plc, Aclara became an independent publicly traded company in 2021 and has since expanded its Latin American development portfolio while pursuing downstream rare earth separation capabilities.

Business Operations

Aclara generates its prospective future revenue through the exploration, development, and planned production of rare earth concentrates and separated rare earth products from ionic clay deposits. Its primary operating units are the Penco Module in Chile and the Carina Module in Brazil. The company’s development strategy centers on extracting heavy rare earth elements using an adsorption-based process designed to minimize environmental impact compared with conventional hard-rock mining operations. As of public filings and investor disclosures, the company remains in the development stage and has not reported commercial production revenue.

The company operates across both South America and North America through project development activities, pilot processing initiatives, and strategic commercial partnerships. Aclara has invested in proprietary mineral processing technologies associated with its “Circular Mineral Harvesting” approach and has pursued downstream integration through plans for rare earth separation facilities in the United States. The company has also announced collaborations and supply chain initiatives involving magnet manufacturers and industrial partners seeking non-Chinese rare earth supply sources. Public disclosures identify subsidiaries and operating entities associated with the Chilean and Brazilian projects, while strategic relationships have included engagement with government agencies and clean energy supply chain participants.

Strategic Position & Investments

Aclara’s strategic direction is centered on becoming a vertically integrated supplier of heavy rare earth materials outside China, targeting growing demand from electric mobility, renewable energy, and advanced manufacturing industries. The company has focused on advancing environmental permitting for the Penco Module, expanding resource development in Brazil through the Carina Module, and developing rare earth separation capabilities intended to move the company further downstream in the value chain. Aclara has consistently emphasized ESG-oriented mining practices and traceable supply chains as part of its competitive positioning.

Major investments have included pilot plant operations, metallurgical testing, environmental studies, and engineering programs tied to both its Chilean and Brazilian assets. The company has also explored opportunities in rare earth separation and refining infrastructure in the United States, including plans associated with a proposed separation facility designed to process mixed rare earth carbonates into separated oxides. Publicly disclosed strategic initiatives indicate a focus on supplying Western markets seeking diversified and geopolitically secure rare earth sources. Data regarding future production scale and long-term commercial agreements remain subject to permitting, financing, and development milestones disclosed in company filings.

Geographic Footprint

Aclara’s headquarters are located in Toronto, Canada, while its principal mining and development activities are concentrated in Chile and Brazil. The company’s flagship Penco Module is situated in the Biobío Region of Chile near Concepción, and the Carina Module is located in the state of Goiás in Brazil. These assets place Aclara within two mining jurisdictions that have become increasingly important to global critical minerals supply chains.

Beyond South America, the company has pursued strategic expansion into North America, particularly the United States, through planned rare earth processing and separation initiatives intended to support regional manufacturing ecosystems. Aclara’s operational and commercial strategy reflects broader international demand for diversified rare earth supply chains across the Americas, Europe, and Asia-Pacific markets reliant on permanent magnet technologies and energy transition infrastructure.

Leadership & Governance

Aclara Resources originated from assets previously held by Hochschild Mining plc and has operated as an independent public company since its spinout and listing. The company’s leadership has emphasized sustainable rare earth production, downstream integration, and the establishment of Western-aligned supply chains for critical minerals. Corporate governance and strategic oversight are managed through a board and executive team with backgrounds in mining, finance, metallurgy, and project development.

Key executives identified in recent public filings and company disclosures include:

• Ramón Barúa – Chief Executive Officer
• José Augusto Palma – Executive Vice President, Brazil
• Francisco Carrasco – Vice President, Project Development
• Ignacio Moreno – Chief Financial Officer
• Mauricio Espinosa – Vice President, Corporate Development

The company’s leadership strategy has consistently emphasized environmentally differentiated extraction technologies, long-term stakeholder engagement in host jurisdictions, and the development of integrated rare earth supply capabilities serving global clean energy and advanced manufacturing sectors.